Just an idea for bitcoin dominance wave count. Huge money flowing into shitcoins even now when the market is moving down, tiktok and other social media will make the end of this cycle unlike the previous with FOMO at its greatest around christmas and the new year. Most of this money I believe will not go into bitcoin and will therefore cause BTC.D to sharply decrease.
Note
Just realised wave 2 of 3 exceeds wave 1 of 3. Incorrect count
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.